Citigroup Inc. Analysts Give Wacker Chemie AG (WCH) a €76.00 Price Target

Citigroup Inc. set a €76.00 ($89.41) target price on Wacker Chemie AG (ETR:WCH) in a research note published on Friday morning. The firm currently has a sell rating on the stock.

A number of other research analysts have also weighed in on the stock. Independent Research GmbH set a €132.00 ($155.29) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a research note on Friday. Commerzbank Ag set a €115.00 ($135.29) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a research note on Thursday. J P Morgan Chase & Co set a €122.00 ($143.53) price target on shares of Wacker Chemie AG and gave the company a buy rating in a research note on Thursday. BNP Paribas set a €110.00 ($129.41) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a research note on Friday, October 6th. Finally, UBS AG set a €120.00 ($141.18) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a research note on Friday, October 6th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €111.33 ($130.98).

Wacker Chemie AG (ETR:WCH) opened at 130.912 on Friday. The firm has a 50-day moving average of €118.51 and a 200 day moving average of €104.20. The firm has a market cap of €6.50 billion and a price-to-earnings ratio of 7.978. Wacker Chemie AG has a 1-year low of €75.10 and a 1-year high of €131.90.

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Wacker Chemie AG Company Profile

Wacker Chemie AG provides specialty chemical products worldwide. It operates through five divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, Wacker Polysilicon, and Siltronic. The Wacker Silicones division offers silanes, siloxanes, silicone fluids and emulsions, elastomers, resins, pyrogenic silica, and organofunctional silanes, which are primarily used as starting materials in the production of silicones.

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